Can I store my Bitcoin in My computer ?

[sportis]

Electrum is a well known SPV client like as multibit and is open source too. Thanks to devs that means is free and anyone can use it without pay a penny except some small donations. It's not a service where someone pays every month or annually. But if you are willing to pay electrum can work in cooperation with trustedcoin. In their first page they say that the fee for every transaction is 0.0005 btc https://api.trustedcoin.com/#/electrum-help . In reality many people, I am one of them, are using it every day without security problems if they have common sense and follow some security measures. Moreover, there is a very active community https://bitcointalk.org/index.php?board=98.0 willing to reply in your answers. Imho if you want more security than is offered from electrum go with HD wallets trezor, ledger, keepkey etc.

[zend7]

Hello Friends..

Can I store my bitcoins in my computer without using any online wallet like coinbase and  Blockchain ? One of my Skype friend told me about it. But he dont know how to do it.
Is it possible?

Electrum is the best free choice to do it. Make sure you know you install it in a clean PC otherwise if your PC has malware or keyloggers then even electrum can't help much.

I would recommend you to buy a cheap hardware wallet , the cheapest one costs 0.02 btc and it has better security than an online bank account.

Please read this thread at the link below as it is the best investment anyone can do for himself, if he wants to be a true bitcoiner. If you want my opinion don't listen that much to people who say stick to desktop wallet as you don't have to pay anything. I prefer peace of mind in the end that's why I use a hardware wallet like Ledger, no regrets , have it since September and have kept all of my btc in there without any problem.
The thread below can help you make the best decision in your life if you are serious about bitcoin and believe in it to the max extent, like I do.

https://bitcointalk.org/index.php?topic=1678765.0

[bitbunnny]

You can store your Bitcoins on your computer using hardware wallet but I.don't know how clever that is. If your computer get infected with some virus or similar your coins will be endangered too.
There is no wallet with absolute protection so to avoid th complete damage I would split the coins in multiple wallets, icluding online, hardware and others.

[zend7]

You can store your Bitcoins on your computer using hardware wallet but I.don't know how clever that is. If your computer get infected with some virus or similar your coins will be endangered too.
There is no wallet with absolute protection so to avoid th complete damage I would split the coins in multiple wallets, icluding online, hardware and others.

That is not correct. Hardware wallets are malware proof. Because you do the transactions within the chip for example in HW.1 hardware wallet and you have a security card which matches lowercase letters with different symbols, uppercase letters with different symbols and numbers with different symbols. The only user who have this security card which comes with your wallet know the combinations. So the hardware wallet is malware proof.

The only way it can get hacked, is if the user has it's PC infected with keyloggers and does more than 10.000 thousands transaction so the keylogger can get the combinations of the security card.

To avoid this, just use this HW.1 hardware wallet in a Linux PC, if you are a noob in Linux, use Linux Mint as a second OS in your free hard disk space.

[Ewinsane]

You can download the electrum wallet in your computer or laptop because electrum wallet is much more safe and secure and no one can hack your bitcoin from this wallet and electrum wallet in our control.

[Akash1243]

Yes you can store bitcoin in your computer

[Ryan Dugan]

Hello Friends..

Can I store my bitcoins in my computer without using any online wallet like coinbase and  Blockchain ? One of my Skype friend told me about it. But he dont know how to do it.
Is it possible?

Yes with a qt wallet. Bitcoin started with the wallet and chain then online chains with wallets you can use with. so we dont have to download the entire chain. Its just about saving size and making ot faster and easier.

[Roboabhishek]

Yes, you can store your coins in an offline wallet which we call a cold wallet.
I only this offline wallet " Cold wallet " which is multibit , It's safe and no need to trust 3rd party offline wallet.

[Wind_FURY]

I made a quick glance in the thread. I want to say that technically you are not really storing Bitcoin locally in your computer. It is all right there in the blockchain. But you do control the "coins" you have by having or knowing the private key to unlock them. Cloudcoin is a closer and a more appropriate name for Bitcoin if you study at it well.

[ipanks]

You can store your Bitcoins on your computer using hardware wallet but I.don't know how clever that is. If your computer get infected with some virus or similar your coins will be endangered too.
There is no wallet with absolute protection so to avoid th complete damage I would split the coins in multiple wallets, icluding online, hardware and others.

That is not correct. Hardware wallets are malware proof. Because you do the transactions within the chip for example in HW.1 hardware wallet and you have a security card which matches lowercase letters with different symbols, uppercase letters with different symbols and numbers with different symbols. The only user who have this security card which comes with your wallet know the combinations. So the hardware wallet is malware proof.

The only way it can get hacked, is if the user has it's PC infected with keyloggers and does more than 10.000 thousands transaction so the keylogger can get the combinations of the security card.

To avoid this, just use this HW.1 hardware wallet in a Linux PC, if you are a noob in Linux, use Linux Mint as a second OS in your free hard disk space.

of course you can store your bitcoin in your computer as many member said and give many software and hardware recommendation and what you need is just to install the software or buy the hardware.

installing linux pc is one solution to prevent our computer from virus or another attacker, after that you can install bitcoin software wallet which is electrum or anything else.

although there is no safe place to keep our bitcoin with hardware or without hardware, at least we have trying to prevent and minimalize the attacker that trying to stolen our bitcoin.

[lionheart78]

I made a quick glance in the thread. I want to say that technically you are not really storing Bitcoin locally in your computer. It is all right there in the blockchain. But you do control the "coins" you have by having or knowing the private key to unlock them. Cloudcoin is a closer and a more appropriate name for Bitcoin if you study at it well.

This mean you can access your bitcoin  thru your computer directly with the use of software like bitcoin core wallet, or other light wallet like electrum, multibitHD etc.  And you can have the wallet  that contain the private key and public key to that address in the blockchain.  You can also back up those access keys and be able to transfer the control from one computer to another computer.
So logically you cannot store your bitcoin in your computer but can gain access and control to it thru desktop applications.

Code:

. Every Bitcoin wallet contains one or more private keys, which are saved in the wallet file.
The private keys are mathematically related to all Bitcoin addresses generated for the wallet.

https://en.bitcoin.it/wiki/Private_key

[ibuddy122505]

Hello Friends..

Can I store my bitcoins in my computer without using any online wallet like coinbase and  Blockchain ? One of my Skype friend told me about it. But he dont know how to do it.
Is it possible?

Of course,You can surely store your Bitcoins on your computer using different types of bitcoin wallets.A Bitcoin Paper Wallet is a easier way of storing your Bitcoin savings offline.Electrum may be the most popular desktop wallet which built for speed and convenience.It's holding funds in a Bitcoin paper wallet surely safe.There hardware wallet could be the best choice if you like to costs the cheapest amount of bitcoin that ensure better security like an online bank account.

[fikihafana]

Hello Friends..

Can I store my bitcoins in my computer without using any online wallet like coinbase and  Blockchain ? One of my Skype friend told me about it. But he dont know how to do it.
Is it possible?

Yes you can, you can use electrum wallet. If you dont want to use electrum you need to download huge blockchain. More simple way is using paperwallet or brain wallet to store your btc.

[Wind_FURY]

I made a quick glance in the thread. I want to say that technically you are not really storing Bitcoin locally in your computer. It is all right there in the blockchain. But you do control the "coins" you have by having or knowing the private key to unlock them. Cloudcoin is a closer and a more appropriate name for Bitcoin if you study at it well.

This mean you can access your bitcoin  thru your computer directly with the use of software like bitcoin core wallet, or other light wallet like electrum, multibitHD etc.  And you can have the wallet  that contain the private key and public key to that address in the blockchain.  You can also back up those access keys and be able to transfer the control from one computer to another computer.
So logically you cannot store your bitcoin in your computer but can gain access and control to it thru desktop applications.

Code:

. Every Bitcoin wallet contains one or more private keys, which are saved in the wallet file.
The private keys are mathematically related to all Bitcoin addresses generated for the wallet.

https://en.bitcoin.it/wiki/Private_key

Yes exactly. But most of the answers here show that most of them are clueless about how Bitcoin works or maybe they do not care. Read the answers right after my post. None of them care. They just say yes and tell you to download a piece of software so that you can "hold" Bitcoins in your computer.

[Dead Shot]

I made a quick glance in the thread. I want to say that technically you are not really storing Bitcoin locally in your computer. It is all right there in the blockchain. But you do control the "coins" you have by having or knowing the private key to unlock them. Cloudcoin is a closer and a more appropriate name for Bitcoin if you study at it well.

This mean you can access your bitcoin  thru your computer directly with the use of software like bitcoin core wallet, or other light wallet like electrum, multibitHD etc.  And you can have the wallet  that contain the private key and public key to that address in the blockchain.  You can also back up those access keys and be able to transfer the control from one computer to another computer.
So logically you cannot store your bitcoin in your computer but can gain access and control to it thru desktop applications.

Code:

. Every Bitcoin wallet contains one or more private keys, which are saved in the wallet file.
The private keys are mathematically related to all Bitcoin addresses generated for the wallet.

https://en.bitcoin.it/wiki/Private_key

Yes exactly. But most of the answers here show that most of them are clueless about how Bitcoin works or maybe they do not care. Read the answers right after my post. None of them care. They just say yes and tell you to download a piece of software so that you can "hold" Bitcoins in your computer.

I know. Most People here just bump into different threads just for the sake of adding their activity count or post count which is kind of annoying actually. The topics aren't going fluid and it just keeps on going over and over, people posting again the same thing, and yes they don't really care. Plus their the ones having signature campaigns while others who are much more worthy are in the waiting list. So sad for them.To the OP -your questions have already been answered. Just scroll down the comments.

[bitkilo]

Can you? Technically yes..

Should you? No.. especially since you are new. I would suggest you download an app like breadwallet or buy a hardware wallet like Trezor.

If you have a computer just for your BTC its pretty good solution for your BTC.  Password protect and put it away under the bed better than many solutions.  You can pick up laptop for mega cheap these days.

I like this idea! Excellent way to store coins I haven't thought of.

Basically what he is describing is an air gap computer that has no connection to the Internet, never has and never will.

If you are going to buy a cheap laptop to do this with then just pick up some old cheap one and make sure it does not have any wireless Internet features.

[shinratensei_]

It is possible even if you're lost your connection in your computer. SPV wallet. It's will be well there is the internet connection or not. At least you must take care of your computer, and keep it so far from the stealing virus or broken hardware.

[Carmen_Sandiego]

According to most of the recommendations I've seen so far, storing Bitcoin on a personal computer may be safer than storing it in online wallets. This needs to be a reliable computer, of course, and even better if you can keep it offline most of the time.
The ideal would be to store your coins in multiple places, because you never know if you will lose access to one of the wallets.

[kingsart]

According to most of the recommendations I've seen so far, storing Bitcoin on a personal computer may be safer than storing it in online wallets. This needs to be a reliable computer, of course, and even better if you can keep it offline most of the time.
The ideal would be to store your coins in multiple places, because you never know if you will lose access to one of the wallets.

This idea is also good that storing the bitcoins in multiple wallet so that tomorrow any problem occurs like hacking or virus we should not affected by keeping in single wallet and getting lost it.

[jacaf01]

Hello Friends..

Can I store my bitcoins in my computer without using any online wallet like coinbase and  Blockchain ? One of my Skype friend told me about it. But he dont know how to do it.
Is it possible?

Yes you can, you can use electrum wallet. If you dont want to use electrum you need to download huge blockchain. More simple way is using paperwallet or brain wallet to store your btc.

For me electrum wallet is the best free PC Bitcoin wallet, but I always advice people especially if your holding is huge to make use of paper wallet for better security.